Dhruva Capital Services Ltd Faces Significant Selling Pressure with 61.67% Year-to-Date Loss

Dhruva Capital Services Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses, falling by 2.06% in today's trading session alone. Over the past week, Dhruva Capital has declined by 6.95%, while its performance over the last month shows a decrease of 3.06%. This trend continues with a staggering 64.20% drop over the past year, contrasting sharply with the Sensex, which has gained 9.31% during the same period.
The stock's performance relative to the Sensex highlights its struggles, as it has underperformed across various time frames. Year-to-date, Dhruva Capital is down 61.67%, while the Sensex has risen by 8.52%. The stock has also shown erratic trading patterns, not trading on three days out of the last 20. Today, it opened with a gap down at Rs 138 and reached an intraday low of Rs 138, indicating a lack of upward momentum. Additionally, Dhruva Capital is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further emphasizing the prevailing selling sentiment.